Mercer Advisors Targets Pacific Northwest

Denver-headquartered Mercer Advisors, a national Registered Investment Advisor, has been one of the largest acquirers of wealth management firms in the North American market.

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Mercer
Advisors is continuing its run of M&A transactions by
adding more than $200 million in collective client assets under
management, expanding its presence in the Pacific Northwest.

The firm announced the acquisition of the practices
of financial advisors Dave Stuehling and John
Swanson who are both based in Bend, Oregon. The duo, who are
joining Mercer Advisors to benefit from its multi-family office
services, will strengthen the firm”s presence in the Pacific
Northwest. The platform includes access to a technology stack,
financial planning resources, expert investment management and
robust operational support, the firm said in a statement.

Stuehling, who oversees about $114 million in assets, partnered
with Mercer Advisors to benefit from the firm’s client-service
resources, back-office solutions, and path to a partnership
model. “Partnering with Mercer Advisors was the ideal decision to
help provide my clients with best-in-class service and the
support they need to achieve their financial goals,” Stuehling
said.

Managing $110 million in client assets, Swanson was seeking a new
home to provide his high net worth clients with an integrated,
family-office-style service offering. “The combination of Mercer
Advisors’ deep value proposition for clients and its
fiduciary-first ethos aligns with my philosophy on how to best
serve clients,” Swanson added.

The acquisition of Edward Vance also enhances Mercer Advisors’
footprint in Georgia, where the firm has expanded its client
assets from around $550 million in 2017 to over $4.5 billion
today.

The latest purchases continue a run of acquisitions by Mercer.
Recently, it purchased Minneapolis-based Waypoint Capital
Advisors, an investment advisory and financial planning firm, as
well as Chapel & Collins, an RIA based in Fort Collins, Colorado.
See more
here.